Binance CEO Changpeng Zhao Reportedly Quits and Pleads Guilty to Breaking US Law

Lee Duna@lemmy.nz to Technology@lemmy.world – 246 points –
Binance CEO Changpeng Zhao Reportedly Quits and Pleads Guilty to Breaking US Law
wired.com
17

Unbelievable. I thought he alone would get away, since he seemed to enjoy the protection of higher powers. I wonder if the UAE will extradite him ?

Please, let his response be:

4

I don't get it

CZ would freguently post "4" in response to criticism or allegations. It was his way of saying all of the bad news about him was FUD.

Hopefully he lands in jail, but I don't think he'll be coming to the US anytime soon.

It's in the article. The guy uses the number 4 as a symbol of his innocence or something along those lines.

I see it now, thanks. Guess I skimmed the last half earlier.

At some point CZ outlined a bunch of "rules" for winning bigly in crypto (read: "getting suckered by his scam") and rule 4 was "Ignore FUD." Ever since, when bad news happened he would just reply with "4" as a shorthand.

Does this mean we get to increase the block size and make bitcoin viable again?